Stock Starter Series, Part 5: Final Insights

Welcome to the final post of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series has been to try to simplify how to get started in this most exciting financial journey and now I will provide some final insights. If you’re just jumping in at this post, you won’t get a whole lot out of this series unless you go back and start with the first post.

I realize that the first four posts in this series have perhaps been a bit of a marathon.  Trying to simplify how to get started in something as multi-faceted as stock investing doesn’t necessarily mean that things would be short and sweet!

Also, I didn’t want to make any of those posts longer than they were, so I’ve saved some final insights for this one. Continue reading “Stock Starter Series, Part 5: Final Insights”

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Stock Starter Series, Part 4: When to Sell a Stock

Welcome to Part 4 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey. If you’re just jumping in at this post, you won’t get a whole lot out of this series unless you go back and start with the first post.

In the last post, I gave some (hopefully) very practical tips on how to go about buying your first stock, but there comes a time when a person eventually wants or needs to sell a stock.

So let’s get right to it: when should you sell a stock? Continue reading “Stock Starter Series, Part 4: When to Sell a Stock”

Stock Starter Series, Part 3: Buying Your First Stock

Welcome to Part 3 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey.  If you’re just jumping in at this post, you won’t get a whole lot out of this series unless you go back and start with the first post.

My hope is that you’ve taken some time to think about the last post, namely which source(s) you’re going to choose to find which stocks to invest in. Again, whether you choose to seek professional advice through an investment advisor/stock broker or not, I strongly urge you to Continue reading “Stock Starter Series, Part 3: Buying Your First Stock”

Stock Starter Series, Part 2:  Finding Stocks to Buy

Welcome to Part 2 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey.

If you didn’t read the first post, then you should really read it before this one.

If you did and you sincerely answered ‘yes’ to the five questions near the end, then you’re reading this post because you’re pretty convinced that stock investing is for you. Continue reading “Stock Starter Series, Part 2:  Finding Stocks to Buy”

Stock Starter Series, Part 1: Why Stocks?

Welcome to Part 1 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey.

So let’s get right to it: with all the different things into which a person can invest some spare money, why do I think that you should make stocks your top choice? Continue reading “Stock Starter Series, Part 1: Why Stocks?”

The Real Key to Investing Success

I’ve devoted two other posts in the past to the mindset needed to be a successful stock investor, this one and this one, but if you’re not into investing or specifically stock investing, those posts also apply to managing one’s money in general.  But since this is a stock investing blog, I want to focus specifically on the one key trait that one absolutely needs to have in order to become a successful stock investor. Continue reading “The Real Key to Investing Success”

A High Stock Price Doesn’t Matter

Recently, I decided to calculate the average buy-price of all the stocks that I currently own.  The average is $167.20 US.  The least I’ve ever paid for one share of stock (again, of my current holdings) is $25.85 and the most is $848.00.

I’ll be completely honest:  when I was a novice stock investor, if somebody had told me that they paid more than a few dollars for any one stock, I would have thought that they were absolutely stupid.  Why?  Because I assumed Continue reading “A High Stock Price Doesn’t Matter”

Coming Out of the Storm Bunker

Most of you reading this will know that the stock market underwent a rather significant correction for just over three months, from late September to the end of December 2018.  Why was it significant?  Since the late 2000’s, corrections of this magnitude have been few and far between when compared to the norm.  Here are some rather interesting facts about stock market corrections that I won’t elaborate upon, other than to state that Continue reading “Coming Out of the Storm Bunker”

Why Does Everybody Love a Sale Except When it’s the Stock Market?

The peculiarity of most people is perhaps no more apparent than how they deal with money.  I find that one of the funniest phenomenons is that of the idea that you’re “saving money” by buying something on sale.  A person might drop $1,000 on a new T.V. that’s on sale, for example, but be more excited by the fact that the regular price was $1,300 and therefore claim that they “saved” $300.  No, they actually didn’t save a single dollar – they just spent one thousand of them!  However, so few people seem to see things this way when it comes to retail spending.

Retailers have most people brain-washed into thinking that Continue reading “Why Does Everybody Love a Sale Except When it’s the Stock Market?”

Should You Hitch Your Wagon to a Racehorse?

Whether you’re a seasoned stock investor or a newbie, chances are that you’ve come across that one stock that seems to be on fire.  It will surge a percent or more for a few or even several days, cool off for one or two, then continue its strong trajectory for weeks and even months.

The question arises:  should you jump into owning a stock that’s growing fast?

Continue reading “Should You Hitch Your Wagon to a Racehorse?”